chap 11 Flashcards

(5 cards)

1
Q

what is a key factor in evaluating international opportunities?

A

Market Size and growth potential

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

which analysis helps in evaluating the external environment factors such as political, economic, and social influence?

A

PESTEL analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

in market research, secondary research refers to?

A

using existing data from reports, databases, and publications

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

what is NOT a key factor in product development for international markets?

A

internal company policies on product production

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

what is the primary benefits of adapting a product for international markets?

A

meeting local preferences and regulations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly